Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one department for October:

		Percent Completed
	Units	Materials		Conversion
Work in process, October 1	52,000	95	%	65	%
Work in process, October 31	37,000	70	%	55	%

The department started 396,000 units into production during the month and transferred 411,000 completed units to the next department.

Required:

Compute the equivalent units of production for October.

Superior Micro Products uses the weighted-average method in its process costing system. Data for the Assembly Department for May appear below:

	Materials		Labor		Overhead
Work in process, May 1	$	14,550	$	23,620	$	118,100
Cost added during May	$	88,350	$	14,330	$	71,650
Equivalent units of production		1,200		1,100		1,100

Required:

Compute the cost per equivalent unit for materials, labor, overhead, and in total. (Round your answers to 2 decimal places.)

Builder Products, Inc., uses the weighted-average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:

Production data:
Pounds in process, May 1; materials 100% complete; conversion 90% complete		70,000
Pounds started into production during May		350,000
Pounds completed and transferred out		?
Pounds in process, May 31; materials 70% complete; conversion 30% complete		30,000
Cost data:
Work in process inventory, May 1:
Materials cost	$	86,900
Conversion cost	$	39,300
Cost added during May:
Materials cost	$	451,510
Conversion cost	$	216,060

Required:

1. Compute the equivalent units of production for materials and conversion for May.

2. Compute the cost per equivalent unit for materials and conversion for May.

3. Compute the cost of ending work in process inventory for materials, conversion, and in total for May.

4. Compute the cost of units transferred out to the next department for materials, conversion, and in total for May.

5. Prepare a cost reconciliation report for May.

Data concerning a recent periods activity in the Assembly Department, the first processing department in a company that uses the FIFO method in its process costing, appear below:

	Materials		Conversion
Cost of work in process inventory at the beginning of the period	$	3,300	$	680
Equivalent units in the ending work in process inventory		370		260
Equivalent units required to complete the beginning work in process inventory		660		1,140
Cost per equivalent unit for the period	$	1.50	$	0.60

A total of 25,500 units were completed and transferred to the next processing department during the period. Beginning work in process inventory consisted of 2,400 units and ending work in process inventory consisted of 1,400 units.

Required:

1. Compute the Assembly Department's cost of ending work in process inventory for materials, conversion, and in total for the period.

2. Compute the Assembly Department's cost of units transferred out to the next department for materials, conversion, and in total for the period.